Fixed index annuity review and rates

Growth Commander 10

Growth Commander is a single premium, deferred, fixed indexed annuity wealth accumulation vehicle that puts you in charge of your retirement. Protecting and growing money for retirement doesn’t have to be difficult. You can fund Growth Commander with a single lump-sum premium payment. 
Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IN, KS, KY, LA, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
5-Year SG Global Balanced Value Lock Annual Sum Participation Rate with Cap
Value Lock
5-Year
230% Participation
7% Cap
1-Year Fixed Account
Fixed
3.2% Fixed
2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term
Point to Point
Biennial
170% Participation
2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term
Point to Point
Biennial
249% Participation
1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term
Point to Point
Annual
115% Participation
1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term
Point to Point
Annual
169% Participation
2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term
Point to Point
Biennial
180% Participation
2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term
Point to Point
Biennial
264% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.65% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
38% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
55% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
188% Participation
1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term
Point to Point
Annual
126% Participation
1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term
Point to Point
Annual
184% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%
Americo Legacy Marketing Group
Founded: 1946
A.M. Best: A
S&P: A
Moody's: A3
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, Spousal IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, and Inherited IRA